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* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AGCO
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AGCO Corporation stock price ended at $111.86 on Friday, after gaining 1.11%.
(Updated on May 03, 2024)

Sell candidate since Apr 30, 2024 Loss -2.04% PDF

The AGCO Corporation stock price gained 1.11% on the last trading day (Friday, 3rd May 2024), rising from $110.63 to $111.86. During the last trading day the stock fluctuated 2.30% from a day low at $110.26 to a day high of $112.80. The price has fallen in 6 of the last 10 days and is down by -5.8% for this period. Volume fell on the last day by -306 thousand shares and in total, 1 million shares were bought and sold for approximately $120.79 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $110.74 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 5.57% during the next 3 months and, with a 90% probability hold a price between $116.90 and $134.29 at the end of this 3-month period.

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AGCO Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, May 02, 2024, and so far it has risen 1.11%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The AGCO Corporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $114.61 and $118.47. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for AGCO Corporation stock

AGCO Corporation finds support from accumulated volume at $110.63 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.54 between high and low, or 2.30%. For the last week, the stock has had daily average volatility of 3.39%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (AGCO) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect AGCO Corporation to open at $111.64, and during the day (based on 14 day Average True Range), to move between $108.55 and $115.17, which gives a possible trading interval of +/-$3.31 (+/-2.96%) up or down from last closing price. If AGCO Corporation takes out the full calculated possible swing range there will be an estimated 5.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $110.63 (1.10%) than the resistance at $113.31 (1.30%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is AGCO Corporation stock A Buy?

The AGCO Corporation stock holds several negative signals and despite the positive trend, we believe AGCO Corporation will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.568 Sell Candidate Unchanged

Predicted Opening Price for AGCO Corporation of Monday, May 6, 2024

Fair opening price May 6, 2024 Current price
$111.64 ( 0.197%) $111.86

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AGCO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 114.18 2.07 %
R2 113.21 1.21 %
R1 112.61 0.671 %
Current price: 111.86
Support S1 110.67 -1.06 %
S2 110.07 -1.60 %
S3 109.10 -2.47 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 122.19 9.23 %
R2 117.91 5.41 %
R1 113.31 1.30 %
Current price 111.86
Support S1 110.63 -1.10%
S2 110.58 -1.14%
S3 107.57 -3.84%

AGCO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 25, 2024 May 14, 2024 Jun 14, 2024 $0.290 0.259%
2 Jan 18, 2024 Feb 14, 2024 Mar 15, 2024 $0.290 0.249%
3 Oct 26, 2023 Nov 14, 2023 Dec 15, 2023 $0.290 0.243%
4 Jul 12, 2023 Aug 14, 2023 Sep 15, 2023 $0.290 0.236%
5 Apr 27, 2023 May 18, 2023 Jun 20, 2023 $5.00 3.78%

FAQ

What is the symbol for AGCO Corporation Stock and on which exchange is it traded?
The symbol for AGCO Corporation is AGCO and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell AGCO Corporation Stock?
The AGCO Corporation stock holds several negative signals and despite the positive trend, we believe AGCO Corporation will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy AGCO Corporation Stock?
AGCO Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy AGCO Corporation Stock.

What's the current price of AGCO Corporation Stock?
As of the end of day on the May 03, 2024, the price of an AGCO Corporation (AGCO) share was $111.86.

What is the 52-week high and low for AGCO Corporation Stock?
The 52-week high for AGCO Corporation Stock is $140.46 and the 52-week low is $105.78.

What is the market capitalization of AGCO Corporation Stock?
As of the May 03, 2024, the market capitalization of AGCO Corporation is 8.343B.

When is the next earnings date for AGCO Corporation?
The upcoming earnings date for AGCO Corporation is Jul 25, 2024.
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About AGCO Corporation

AGCO AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equest... AGCO Profile

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